The price of Pepe has plummeted 15% after developers sent nearly 4% of the memecoin’s total supply to exchanges without warning.
Source: https://cointelegraph.com/news/pepe-token-plunges-strange-token-transfers-fears-rug-pull
PEPE plunges 15% as strange token movements spark fears of rug pull
August 25, 2023
CoinTelegraph